Speaker Rendon Statement on Signing of Cap-and-Trade Expenditure Plan

FRESNO—Assembly Speaker Anthony Rendon (D-Paramount) released the following statement after the signing of legislation on cap-and-trade funds:

“While the ultimate goal of cap-and-trade is to reduce harmful greenhouse gas emissions, and not to generate revenue, wisely investing the funds that do come from cap-and-trade can help us meet California’s emission reduction goals. The bills signed today embody the aggressive and responsible approach we are taking in spending cap-and-trade funds to ensure that Californians in underserved communities – and communities most impacted by air quality problems – benefit from these investments.”

(Fresno, CA) – California State Assembly Speaker Anthony Rendon (D-Paramount) joined other legislators and Governor Jerry Brown in Fresno for the signing of four pieces of climate change legislation that ensures the Golden State continues to be a global leader in the reduction of greenhouse gases. This package of legislation allocates $900 million in cap-and-trade funds, while ensuring the funds will benefit disadvantaged communities.

Speaker Rendon and the Governor were flanked by climate change legislation authors Assemblymember Autumn Burke (D-Inglewood) and Assemblymember Jimmy Gomez (D-Los Angeles). Local Assemblymember Joaquin Arambula (D-Fresno) was also in attendance. Watch this Assembly Access Video to hear more from Speaker Rendon. http://www.asmdc.org/Speaker

Links to audio of Speaker Rendon and Assemblymembers Arambula, Burke and Gomez:

Open remarks from Assembly Speaker Anthony Rendon
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Open remarks from Assemblymember Arambula
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Open remarks from Assemblywoman Burke
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Open remarks from Assemblymember Gomez
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